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Monday, 17 August 2020

Odin, Kasb Capital to establish EGX equity fund

Odin, Kasb Capital to establish EGX equity fund; Odin says it is looking at three more specialized funds: Odin Investments and Saudi investment group Kasb Capital are creating a fund to invest in Egyptian equities, Odin said in a regulatory filing (pdf). The fund will be open for public subscription for individuals and institutional investors, Karim Hashem, senior financial analyst at Odin, told Enterprise. Odin is also looking to establish three new investment funds specialized in non-banking financial services and microfinance, venture capital, and educational technology services.

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